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information for Underwood Industries is presented below. Compute the cost of goods manufactured. Beginning Ending Raw materials inventory $26,800 $30,100 Work in process inventory 41,200
information for Underwood Industries is presented below. Compute the cost of goods manufactured.
Beginning | Ending | |
Raw materials inventory | $26,800 | $30,100 |
Work in process inventory | 41,200 | 39,000 |
Finished goods inventory | 54,000 | 53,500 |
Raw materials purchased | 93,500 | |
Direct labor | 61,000 | |
Total factory overhead | 117,300 |
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